Perhaps I wasn't clear in my post so my meaning was lost. Too many unknown variables happening in random time frames, with varying emotions of the participants, make anything but predicting a POSSIBLE outcome impossible. IE You could have the best T/A patterns and sentiment indicators indicating an uptrend but then if tommorrow it was announced that MSFT has been cooking its books for the last two years then the market would tank for a week (confidence would be shaken tremendously), therebye rendering all current T/A irrelevant until another setup pattern materialized. Human behaviour repeats itself but all of the combined variables driving that behavior at any given time are different from moment to moment. Just IMHO. Paul
to the poster of this thread you shouldn't be looking for short term / intermediate tops, you should be looking for a pull back to get long. shorting countertrend dips is dangerous I have heard. especially when there is lots of momentum and buying. everyone I know and there uncle has been buying.